UAE's Mubadala leads a $400 million financing round for German insurance company Wefox
Wefox, an insurance technology company founded by former emp.. Read more
Saudi Arabian Centers distributes dividends to shareholders for the second half of 2022 with a total of 356.25 million riyals
Arabian Centers Company has approved the distribution of cas.. Read more
The largest sovereign funds: "Abu Dhabi Investment Authority" advances to third place globally, with assets of $708.8 billion
The Abu Dhabi Investment Authority has advanced to the third.. Read more
Accumulated losses place Emirati companies on the "second category" screen, pending anonymity
Special Report - (Namazone): A group of companies listed.. Read more
Details 142 Saudi initiative to face the consequences of "Corona" B214 billion riyals
Special Report (Nmazzon): The government announced that.. Read more
Will gold remain a safe haven asset?
Gold has long been a source of controversy and contention am.. Read more
Global trade is expected to decline in the coming months
The economics department of Qatar National Bank (QNB) said t.. Read more
Analysis .. How will major central banks respond to the increasing cases of financial instability?
The global macroeconomic environment is experiencing some of.. Read more
The euro is below the dollar .. the lowest level in 20 years
For the first time in 20 years, the euro fell below $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
UAE Markets
UAE's ADNOC Drilling wins AED 2.7 billion contract
The UAE's ADNOC Drilling Company has won a contract worth a total of AED 2.7 billion to provide... Read more
Gulf Markets
Qatar Airways profits rise 6% to $1.7 billion in a year
Qatar Airways Group reported a profit of QAR 6.1 billion ($1.7 billion) for the fiscal year ending M... Read more
World Markets
BYD's Q2 EV Sales Rise, Narrowing Gap With Tesla
China's BYD posted a 21% jump in electric vehicle sales in the second quarter, helping to close... Read more
UAE Markets
10 brokerage firms capture 84% of Dubai Stock Exchange trading during June 2024
10 financial brokerage companies in the Dubai Financial Market accounted for 84% of the total tradin... Read more
World Markets
Gold steady as more signals on interest rate outlook awaited
Gold prices were steady on Tuesday as investors awaited comments from Federal Reserve Chairman Jerom... Read more
World Markets
Dollar rises, Asian stocks waver on possibility of Trump win
The dollar rose and Asian stocks fluctuated in a narrow range as traders assessed the possibility of... Read more
Gulf Markets
$36.8 billion Saudi sovereign fund profits in 2023
Saudi Arabia's sovereign wealth fund, the Public Investment Fund, reported Monday a profit of 13... Read more
World Markets
Oil prices steady near two-month high
Oil prices steadied on Tuesday, remaining near two-month highs hit in the previous session, driven b... Read more
UAE Markets
ADNOC Logistics signs $2.5bn LNG shipbuilding deal
ADNOC Logistics and Services, the UAE’s largest LNG company, has signed contracts worth $2.5 billion... Read more
World Markets
Strong collective rise in digital currencies..Bitcoin exceeds 63 thousand
Bitcoin price rose on Monday, recovering some of its recent losses, although sentiment towards the t... Read more
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